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Sleighrunning: December 20
- GM is reportedly looking at "all offers" for Saab. (Apparently only unrealistic offers have been entertained hitherto). [dow jones]
- Dutch automaker Spyker: "Hey, we'll bid." GM: "Anyone... anyone at all? Bueller...? Bueller...?" [marketwatch]
- China's Zhu Min: "The world does not have so much money to buy more US Treasuries." (Current account woes. Who knew?) [shanghi daily via drudge]
- Iranian troops lower flag and withdraw from Iraqi claimed oil well. (Iranian theft of U.S. egg nog shipment to troops suspected). [reuters]
- In Russia, judo throws you. (Do not fuck with judo black belt Putin. Period.) [reuters]
- Only ~$300 million to go. (Unholy results of sinister Smurf-Azrael genetic hybrid experiments earn $27 million on first day). [bloomberg]
- Brazil, environmentalists of convenience, cancel voluntary carbon auction due to lack of interest. (Al Gore shocked into silence). [mondo]
- NYSE US 100: Old and busted: food, fuel and fighters (ADM, HES, RTN). New hotness: detroit, debt and, uh, debt. (F, MA, PNC). [mondo]
- Reid game employs kino, negs, takeaways and, finally, outright prostitution to plow through last minute resistance and score with Ben Nelson (D-NE) [bloomberg]
- Fight in the Supreme Court may make legislative machinations look like romper room. [later today on zero hedge]
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All good stuff. Thx.
"Iranian troops lower flag and withdraw from Iraqi claimed oil well."
A Squid operative sends ex-members of the Broadway production Cats to Iraq to pose as Iranians taking over an oil well. After a day of occupation reports surfaced about persons dressed in Iranian military uniforms using an oil well as a scratching post, purring, and coughing up hair balls.
The mission was canceled and called non-believable.
The Squid was overheard yelling at the operative "I said have Catz pay for it, not have Cats produce it!".
No cash for Ben from Chinese. Carry unwind.
Also, Pipeline attack. Someone wants oil to spike.
http://www.bloomberg.com/apps/news?pid=20601207&sid=awa12WTiyXJQ
oil futures expired friday
maybe that's why
Hmmmm...
US allegedly lobs cruise missiles into Yemen. The only report that I have seen on this was on ABC.com via a link from HuffPo. I've yet to see confirmation or denial from WH, particularly given it was on a major network website. Everything seems buried after that.
Remarkable.
I'm sure it's true, seeing mentions in it from Washington Post and Faux (Fox) News. After all I'm sure our leaders need to show the world that they are unhappy with the currency union that is being discussed. Need to show them that the world already has a petrodollar, the Bernake Fun Buxs!
I was in Yemen yesterday. I didn't see a thing. Not that you could tell the difference if a bomb went off. Today I'm in Djibouti. Not much different, though you can get a beer.
first Soros decries the Health Bill via MoveOn.org and within 24 hours HuffPo has this frontpage headline:
GIFT-WRAPPED FOR LOBBYISTS
How The Health Care Lobby Swarmed Congress And Got What They Wanted
At Least 278 Former Congressional Aides Lobbied On Health Care, Over $600 Million Spent... Health Industry Stocks Hit 52-YEAR High On Friday...
http://www.huffingtonpost.com/
and if you didn't catch Ratigan here is the link to his rant (that seems to be spreading throughout the liberal blogoshpere
http://www.youtube.com/watch?v=ghINDVKWogI&feature=player_embedded
and from Meet the Press this morning more of the same
http://www.msnbc.msn.com/id/21134540/vp/34499260#34499260
Wow. I will be shocked if Ratigan has a job in 2010.
and this from a post on Leo's thread
The head of the UN's climate change panel - Dr Rajendra Pachauri - is accused of making a fortune from his links with 'carbon trading' companies, Christopher Booker and Richard North write.
http://www.telegraph.co.uk/news/6847227/Questions-over-business-deals-of...
Thanks for the link. Very enlightening story as to the numerous conflicts of interest for the IPCC climate guru, especially the carbon trading windfall. If this story were properly reported, this would be a global scandal. I think he should be prosecuted.
Dutch automaker Spyker: "Hey, we'll bid."
Better the Dutch than the junk-building Chinese. At least it'll be in good hands that way.
China's Zhu Min: "The world does not have so much money to buy more US Treasuries."
Unlike that country, the US is well-equipped to survive China's(and if necessary, India's) collapse. Those countries will be too busy trying to mop up increasing amounts of dissent and disfavor when they too go the path of Japan. It might just work out to be the American Century after all.
You obviously don't travel much. Do you know how cheap basic living costs can be in Asia ?
Do you know how cheap basic living costs can be in Asia ?
Speaking on terms of money, you may be correct. But you should know that they aren't immune to the idea of "you get what you pay for".
Other nonmonetary costs (political, legal, social, environmental, chronological(time), etc.) are where Asia loses too handily. I'd like to have my organs stay put in my body and not for some politician who I looked at the wrong way.
"Other nonmonetary costs (political, legal, social, environmental, chronological(time), etc.)" I think these items actually fall into the liabilities side of the ledger.
Other nonmonetary costs (political, legal, social, environmental, chronological(time), etc.) Oh silly me, and here I thought these mostly belonged on the liabilities side of the ledger.
from the conspiracy newsroom (acutally a mainstream Utah newspaper)
Big Brother is coming: NSA's $1.9 billion cyber spy center a power grabhttp://www.deseretnews.com/article/705352795/Big-Brother-is-coming-NSAs-...
I always wondered where the bulk of Google's revenue came from. Indexing a yottabyte of NSA data.
...and/or serving selected search results to the maintainers of the Great Firewall in China.
It doesn't matter. The systems they have set up are so massive they get sympathetic interferance with each other. In other words one ram chip radiates and messes up another ram chip. They can index it all they want and play with it all they want. What they can't do is RELY on it. We have multi hundreds of billions of dollars worth of trash dumpsters at this point.
Elizabeth Warren Named 'Bostonian Of The Year'
It's the year end so we're getting more of these made public. This honor at least was heartily deserved. A feisty (yet polite) graceful, academic-civil servant who effectively utilized the only weapon she was handed (in fact, 'not handed') by Congress: the media bully pulpit. She was given a grand title and little else. The rest was pure moxie.
http://tinyurl.com/yjzejrg
Love the snowman, Marla. Very festive... thanks!
GM ruins everything it touches, liquidation would have been the best choice, now we've got another GSE.
Director’s Blog Correction Regarding the Longer-Term Effects of the Manager’s Amendment to the Patient Protection and Affordable Care Act
http://cboblog.cbo.gov/?p=447
Somebody needs to play the Al Gore card better. They fucked it up big time.
http://cid-9f33f6e14912f497.skydrive.live.com/self.aspx/Illuminati%20NWO...
I love the santa in the zero hedge logo.
Very nice.
Happy holidays Marla, Tyler n you! :)
-MobBarley
What happened in Climate deal.
http://timesofindia.indiatimes.com/india/Obama-barged-into-BASIC-meet-to...
http://timesofindia.indiatimes.com/world/europe/Developing-nations-rejec...
•China's Zhu Min: "The world does not have so much money to buy more US Treasuries." (Current account woes. Who knew?) [shanghi daily via drudge]
Pshaw...If they are making 3% allow them to lever 35-1. Sell future profits back to the US at 0% no leverage. Couple of fancy bookkeeping tricks, create some new financial products and you are now on the infinity express. Of course you send them 500-800 tons of gold to seal the deal, one of those banking off the books LTP insurance play things that would only confuse the public so it's best not to tell them. SI